Available Position: Development Manager

Job Posting: Development Manager (File #26-17)

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Position: Development Manager Term: Fulltime Location: Toronto, Ontario, Canada Reporting to: Director, Development Vacancy Status: New Position

The Organization: Waterfront Toronto

Waterfront Toronto was established by the Government of Canada, the Province of Ontario and the City of Toronto in 2001 to oversee and lead the renewal of the city’s waterfront. Our mandate is to deliver a revitalized waterfront that brings together the most innovative approaches to sustainable urban development, excellence in urban design, real estate development, and leading technology infrastructure. Working with the community, and with public and private-sector partners, Waterfront Toronto creates neighbourhoods anchored by parks and public spaces, and diverse, sustainable, mixed-use communities that offer a high quality of life for residents, employees, and visitors alike. We are transforming the waterfront for the use and enjoyment of the people of Toronto, Ontario and Canada, to foster economic growth and to redefine how the city, province and country are perceived by the world.

The Opportunity: Development Manager

Waterfront Toronto is seeking a Development Manager to manage a variety of development and real estate functions integral to the development of waterfront precincts, ensuring compliance with the principles of the Corporation and with the objectives set out in applicable Precinct Plans.

Key Responsibilities:

• Manage the implementation of development projects, including the monitoring of obligations, facilitation of municipal development approvals and management of relationships with stakeholders and development partners.
• Support the Director of Development with developer Requests for Proposals for Waterfront Toronto projects.
• Undertake analysis, including financial modeling and providing strategies and recommendations to the Director of Development and other senior managers on a variety of issues related to real estate development.
• Collaborate with the Directors of Development and Development Planning and other departments to support the preparation of development strategies, master planning approvals such as Precinct Plans, subdivision and zoning approvals and contribute to developer proposal call processes and other real estate activities and transactions, and to undertake other initiatives to secure private sector investment, including negotiations with stakeholders and potential partners.
• Work collaboratively with other departments within Waterfront Toronto, the City of Toronto and the ministries and agencies of the provincial and federal governments to provide innovative strategies for ensuring that the highest standards of excellence in design, city-building, and the advancement of public policy are achieved through municipal approvals and development transactions.
• Work on a variety of funding requests including liaising with federal, provincial and municipal officials on feasibility and financing strategies, reviewing proposals and monitoring developments in the waterfront.

Skills and Qualifications:

• Post-secondary degree in a related discipline (e.g., Business, Urban Planning, Architecture, Engineering, Law, Finance); a Master of Business Administration or Master in Planning will be considered an asset.
• 5-7 years of professional experience managing real estate development projects and related activities, including land acquisition and disposition, municipal development approvals (e.g., re-zonings, site plan approval), pro forma modeling, financial analysis, and mixed-use, commercial, or affordable housing developments,
• Strong knowledge of Toronto’s development approval process and related provincial and federal policies, including the environmental regulatory processes.
• Demonstrated progressive experience in the real estate development industry including the application of best practices, project management experience, and an understanding of development finance.
• Knowledge of green building standards and their application to the development process will be considered an asset.
• Understanding of real estate project economics and proformas.
• Strong financial modeling skills will be considered an asset.
• Knowledge of municipal finance and the development charge bylaw will be considered an asset.
• Strong leadership and critical thinking skills.
• Strong written and oral communication skills; with advanced proficiency in Microsoft Excel and PowerPoint.
• Excellent interpersonal skills and negotiation skills, with the ability to build effective relationships with a broad range of partners and stakeholders.

$93,770 – $113,000 annual base salary *This represents the expected hiring range and does not represent the full pay range for this position. The salary offered may be higher than the posted range depending on several factors such as relevant skills, qualifications, and experience.

What We Offer:

• Employee Assistance Program (EAP) – Confidential support for employees and their families – 100% employer-paid
• Paid Time Off – Vacation, personal, and sick days
• Retirement Savings – Employer-matching RSP program – up to 6% of base pay
• Professional Growth – Learning & development reimbursement for memberships, conferences, and courses
• Employee Discount – Access to discounts for various retailers through Perkopolis

Work Location:

During this time, Waterfront Toronto is operating in a hybrid work environment. Employees are currently required to work in our office three days per week and have the option to work remotely for the remainder of the week. This is subject to change by the Corporation.

Diversity, Equity, and Inclusion:

Waterfront Toronto is an equal opportunity employer, committed to representing the diversity of the city of Toronto on our team and fostering an inclusive workplace. To this effect, you are encouraged to reflect upon the diversity you would bring to the role within your application, including, but not limited to, identifying with one or more of the under-represented groups identified within the Ontario Human Rights Code. We will provide equitable treatment and accommodation to ensure barrier-free employment. If you require accommodation under the Ontario Human Rights Code or Accessibility for Ontarians with Disabilities Act, 2005 (AODA) at any stage of the recruitment process, please advise and we will work with you to meet your needs, up to the point of undue hardship.

AI Disclaimer:

AI-assisted tools may be used by Waterfront Toronto to support and streamline parts of the recruitment process. However, all applications are individually reviewed, and all hiring decisions are made by our human team to ensure fairness and accuracy.